Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

North American markets opened higher Thursday as investors reacted to Nvidia’s blockbuster earnings and a stronger-than-expected US jobs report. The TSX climbed more than 0.8% at the open, while the Dow and Nasdaq also pushed higher following Wednesday’s volatility.

Market sentiment was also influenced by Carney’s new UAE investment pact and the launch of Canada–UAE trade talks, alongside gold prices holding steady as investors temper expectations for aggressive US rate cuts.

Market numbers

TSX: Up 0.81%, 30,278.41

TSXV: Up 1.86%, 889.72

DOW: Up 1.35%, 46,844

NASDAQ: Up 0.94%, 25,186.25

FTSE 100: Down 0.31%, 9,504.0

In the headlines

  • Nvidia jumps on record earningsNvidia (NDAQ:NVDA) shares surged 6% after reporting record revenue and US$32B in quarterly profit, boosting sentiment across global tech markets.
  • Verizon announces 13,000 job cutsVerizon (NYSE:VZ) plans a major restructuring that includes eliminating over 13,000 roles as it attempts to “reorient” the entire business.

Currencies

USD: Flat (0.00%), 0.7114,

GBP: Down (0.44%), 0.5422

EUR: Down (0.03%), 0.6165

JPY: Up (0.29%), 112.175

AUD: Up (0.28%), 0.91266

Bitcoin (CAD): Down (0.05%), 128,346.90

(Conversion to C$1)

Commodities

Copper: Down (0.19%), 5.09007

Gold: Down (0.06%), 4,076.11

WTI: Up (0.37%), 59.75

Natural Gas: Down (1.43%), 4.493

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